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VIVHY Vivendi SE (PK)

11.95
-0.05 (-0.42%)
Last Updated: 18:16:26
Delayed by 15 minutes
Name Symbol Market Type
Vivendi SE (PK) USOTC:VIVHY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.05 -0.42% 11.95 11.94 11.96 12.002 11.94 12.00 4,595 18:16:26

Vivendi Completes Acquisition Of 44% SFR Stake

16/06/2011 11:51am

Dow Jones News


Vivendi (PK) (USOTC:VIVHY)
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French telecom-to-entertainment group Vivendi SA (VIV.FR) Thursday said it has completed the acquisition of the 44% stake in French telecom operator SFR it didn't already own from Vodafone Group PLC (VOD).

In a statement, Vivendi said it bought the stake for EUR7.95 billion and that SFR and Vodafone will extend their commercial cooperation for a further three years, in line with the terms of the deal announced earlier this year.

Vivendi now owns SFR outright.

-By Ruth Bender, Dow Jones Newswires; +33 1 4017 1754; ruth.bender@dowjones.com

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